North America Dermatology Devices Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2022 –2028 |
 Market Size (Base Year) |
|
 Market Size (Forecast Year) |
USD 2,098.60 Million |
 CAGR |
% |
| Major Markets Players |
|
North America Dermatology Devices Market, By Type (Diagnostic Devices, Treatment Devices), Application (Diagnostic Devices, Treatment Devices), End-User (Hospitals, Clinics, Others), Country (U.S., Canada, Mexico) – Industry Trends and Forecast to 2028
Market Analysis and Insights: North America Dermatology Devices Market
North America dermatology devices market is expected to witness market growth at a rate of 10.75% in the forecast period of 2021 to 2028, and is estimated to reach the value of USD 22.86 billion by 2028. Data Bridge Market Research report on North America dermatology devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in healthcare sector globally is escalating the growth of dermatology devices market.
Dermatology refers to a science that deals with the diagnosis and treatment of skin hair and nail diseases. This science consists of research, review and evaluation in various fields of testing and treatments, such as topical and medical medicines, dermatologic cosmetic procedure, dermatohistopathology, dermatological and immunotherapy.
The increase in the prevalence of skin disorders across the region acts as one of the major factors driving the growth of dermatology devices market. The preferential innovations of beauty improvement professionals and rise in awareness among people about the esthetic appeal and technological advancements in dermatology devices accelerate the market growth. The request for non-invasive cosmetic repair treatments and rise in shift from using conventional products to technologically advanced equipment, for improved diagnosis and treatment of various skin diseases further influence the market. Additionally, surge in disposable income, surge in healthcare expenditure, increase in aesthetic procedures and rise in beauty consciousness positively affects the dermatology devices market. Furthermore, introduction of technologically advanced therapies extend profitable opportunity to the market players in the forecast period of 2021 to 2028.
On the other hand, reimbursement uncertainties and issues, and stringent regulatory policies for medical devices are expected to obstruct the market growth. Availability of low-cost substitutes is projected to challenge the dermatology devices market in the forecast period of 2021-2028.
This dermatology devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on dermatology devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Dermatology Devices Market Scope and Market Size
The dermatology devices market is segmented on the basis of type, application, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of type, the dermatology devices market is segmented into diagnostic device and treatment device. The diagnostic device is further segmented into imaging device, dermatoscope, and microscope. Imaging device is further segmented into magnetic resonance imaging, ultrasound, and computed tomography system. Treatment device is segmented into led light therapy devices, lasers, electrosurgical equipment, liposuction devices, microdermabrasion devices, and cryotherapy devices.
On the basis of application, the dermatology devices market is segmented into diagnostic device and treatment device. The diagnostic device is further segmented into skin cancer diagnosis, other diagnostic applications. Treatment device is further segmented into hair removal, skin rejuvenation, acne, psoriasis, and tattoo removal, wrinkle removal and skin resurfacing, body contouring and fat removal, vascular and pigmented lesion removal, warts, skin tags, and weight management, other applications.
On the basis of end-user, the dermatology devices market is segmented into hospitals, clinics, and others.
North America Dermatology Diagnostic Devices Market Country Level Analysis
The dermatology devices market is analyzed and market size insights and trends are provided by country, type, application and end user as referenced above.
The countries covered in the North America dermatology devices market report are U.S., Canada and Mexico in North America.
U.S. dominates the North America dermatology devices market due to the prevalence of skin cancer within the region. Canada is projected to witness high growth during the forecast period of 2021 to 2028 because of the adoption of cosmetic procedures in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
North America dermatology devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for North America dermatology devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America dermatology devices market. The data is available for historic period 2010-2019.
Competitive Landscape and North America Dermatology Devices Market Share Analysis
The dermatology devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to dermatology devices market.
The major players covered in the dermatology devices market report are MEDIT INC, Artec Europe, Ametek Land, Fujifilm SonoSite, Inc., FotoFinder Systems, Inc, Bruker, Clear Image Devices., Accuray Incorporated, Pixelink, KUB Technologies, Nanoptics, Perimed AB, ACIST Medical Systems., Ledvance LLC, Raymax Medical., PENTAX Medical, Osko INC., Christie Medical Holdings, Inc., Carl Zeiss AG, General Electric Company, Nikon Corporation, Olympus Corporation, Hologic, Inc., and Canon Medical Systems Corporation, among other domestic players. Market share data is available for North America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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